Market Forecast By Product Types (Adaptive Cruise Control, Blindspot Detection, Park Assist, Autonomous Emergency Braking, Intelligent Headlights & Others), By Sensor Types (LiDAR, RADAR, Camera, Ultrasonic), By Products (Passenger Vehicles, Light Commercial Vehicles, Heavy Commercial Vehicles), By Regions (Northern, Western, Eastern, Southern) And Competitive Landscape
Product Code: ETC437769 | Publication Date: Nov 2022 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
The Brazil advanced driving assistance systems (ADAS) market is estimated to grow during the forecast period. The increase in population and rising affluence across the country are key drivers for the ADAS market in Brazil. Additionally, the government's focus on road safety and increasing adoption of advanced driver assistance systems (ADAS) across the country are also contributing factors to the growth of the ADAS market in Brazil. A number of companies are currently focusing on developing and marketing ADAS products in Brazil owing to its favorable economic conditions and growing consumer base. The Brazil advanced driving assistance systems market is a part of Latin America advanced driving assistance systems market and global advanced driving assistance systems market.
According to 6Wresearch, the Brazil advanced driving assistance systems market size is likely to witness growth during 2022-28. The market is mainly driven by the rising instances of road accidents and increasing adoption of driverless vehicles. Advanced driving assistance systems (ADAS) are autonomous or assisted technologies that improve the driver's awareness, perception and control of the car while driving. ADAS include a wide range of features such as adaptive cruise control, lane departure warning, forward collision warning and pedestrian detection. Additionally, the market for ADAS is segmented based on product type: standalone systems, integrated systems and services. Standalone systems include just the sensors and actuators needed for installation in a vehicle without any external communications or computing infrastructure. Integrated systems require an existing infotainment system in order to incorporate ADAS features such as adaptive cruise control and collision warning; these systems are more expensive than standalone systems but offer increased functionality. Services encompass both on-demand and subscription-based models in which users can pay an operator to install or update ADAS features in their cars.
In terms of product type, the market is categorized into adaptive cruise control, blind spot detection, park assist, autonomous emergency braking, intelligent headlights and others. Currently, the park assist account for the highest market share. Further, Brazil is a key market for advanced driving assistance systems (ADAS) due to its large population and gradually increasing number of vehicles. However, the country faces several challenges that could impede the development of ADAS in the country. For example, Brazil lacks a strong regulatory framework for ADAS, which could hamper innovation and prevent manufacturers from deploying advanced technologies. Additionally, Brazil's road infrastructure is aging and in need of improvement, which could limit the potential for widespread adoption of ADAS across the country.
The companies are focusing on providing advanced driver assistance systems that allow drivers to safely navigate their vehicles in complex urban and rural environments, as well as manage various driving tasks such as keeping an eye on the traffic situation and making split-second decisions. The Brazilian government is also promoting the use of these systems in order to improve road safety, reduce collisions, and decrease fuel consumption. Additionally, The players focus on providing comprehensive solutions that address all aspects of driver assistance systems (DAS), including vehicle control, collision warning, lane departure warning, active cruise control, blind spot monitoring, and pedestrian detection/warning. These companies also offer services such as product development, project management, after-sales support, and training programs for drivers and operators of autonomous vehicles.
The manifestation of Covid-19 pandemic has caused a slowdown in the automotive market. Nevertheless, the market has convalesced progressively in recent years. This growth is attributed to the increasing awareness about the need for safe driving and the increase in the number of luxury vehicles on the road. However, some of the challenges faced by these companies include stiff competition from regional players as well as multinational companies; stringent government regulations; inconsistent consumer preferences; lack of skilled workforce; and high installation costs associated with DAS systems.
The report delivers a widespread study of the subsequent market segments:
1. Executive Summary |
2. Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope and Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Brazil Advanced Driving Assistance Systems Market Overview |
3.1 Brazil Advanced Driving Assistance Systems Market Revenues (2021-2028F) |
3.2 Brazil Advanced Driving Assistance Systems Market Industry Life Cycle |
3.3 Brazil Advanced Driving Assistance Systems Market Porterβs Five Forces Model |
3.4 Brazil Advanced Driving Assistance Systems Market Revenue Share, By Product Types (2021 & 2028F) |
3.5 Brazil Advanced Driving Assistance Systems Market Revenue Share, By Sensor Types (2021 & 2028F) |
3.6 Brazil Advanced Driving Assistance Systems Market Revenue Share, By Vehicle Types (2021 & 2028F) |
3.7 Brazil Advanced Driving Assistance Systems Market Revenue Share, By Regions (2021 & 2028F) |
4. Impact Analysis of COVID-19 on Brazil Advanced Driving Assistance Systems Market |
5. Brazil Advanced Driving Assistance Systems Market Dynamics |
5.1 Impact Analysis |
5.2 Market Drivers |
5.3 Market Restraints |
6. Brazil Advanced Driving Assistance Systems Market Trends & Evolution |
7. Brazil Advanced Driving Assistance Systems Market Overview, By Product Types |
7.1 Brazil Advanced Driving Assistance Systems Market Revenues, By Adaptive Cruise Control (2021-2028F) |
7.2 Brazil Advanced Driving Assistance Systems Market Revenues, By Blindspot Detection (2021-2028F) |
7.3 Brazil Advanced Driving Assistance Systems Market Revenues, By Park Assist (2021-2028F) |
7.4 Brazil Advanced Driving Assistance Systems Market Revenues, By Autonomous Emergency Breaking (2021-2028F) |
7.5 Brazil Advanced Driving Assistance Systems Market Revenues, By Intelligent Headlights (2021-2028F) |
7.6 Brazil Advanced Driving Assistance Systems Market Revenues, By Others (2021-2028F) |
8. Brazil Advanced Driving Assistance Systems Market Overview, By Sensor Types |
8.1 Brazil Advanced Driving Assistance Systems Market Revenues, By Light Detection and Ranging (2021-2028F) |
8.2 Brazil Advanced Driving Assistance Systems Market Revenues, By Radar (2021-2028F) |
8.3 Brazil Advanced Driving Assistance Systems Market Revenues, By Camera (2021-2028F) |
8.4 Brazil Advanced Driving Assistance Systems Market Revenues, By Ultrasonic (2021-2028F) |
9. Brazil Advanced Driving Assistance Systems Market Overview, By Vehicle Types |
9.1 Brazil Advanced Driving Assistance Systems Market Revenues, By Passenger Cars (2021-2028F) |
9.2 Brazil Advanced Driving Assistance Systems Market Revenues, By Light Commercial Vehicles (2021-2028F) |
9.3 Brazil Advanced Driving Assistance Systems Market Revenues, By Heavy Commercial vehicles (2021-2028F) |
10. Brazil Advanced Driving Assistance Systems Market Overview, By Regions |
10.1 Brazil Advanced Driving Assistance Systems Market Revenues, By Northern Region (2021-2028F) |
10.2 Brazil Advanced Driving Assistance Systems Market Revenues, By Western Region (2021-2028F) |
10.3 Brazil Advanced Driving Assistance Systems Market Revenues, By Eastern Region (2021-2028F) |
10.4 Brazil Advanced Driving Assistance Systems Market Revenues, By Southern Region (2021-2028F) |
11. Brazil Advanced Driving Assistance Systems Market - Key Performance Indicators |
12. Brazil Advanced Driving Assistance Systems Market - Opportunity Assessment |
12.1 Brazil Advanced Driving Assistance Systems Market Opportunity Assessment, By Product Types (2028F) |
12.2 Brazil Advanced Driving Assistance Systems Market Opportunity Assessment, By Sensor Types (2028F) |
12.3 Brazil Advanced Driving Assistance Systems Market Opportunity Assessment, By Regions (2028F) |
13. Brazil Advanced Driving Assistance Systems Market - Price Trend Analysis |
14. Brazil Advanced Driving Assistance Systems Market Competitive Landscape |
14.1 Brazil Advanced Driving Assistance Systems Market Revenue Ranking, By Companies (2021) |
14.2 Brazil Advanced Driving Assistance Systems Market Competitive Benchmarking, By Operating Parameters |
15. Company Profiles |
15.1 Bosch Limited |
15.2 Denso Brazil Pvt Ltd |
15.3 Wabco Brazil Limited |
15.4 Continental Automotive Components (Brazil) Pvt Ltd |
15.5 Infineon Technologies Brazil Pvt Ltd |
15.6 Hella Brazil Automotive Pvt Ltd |
16. Key Strategic Recommendations |
17. Disclaimer |
List of Figures |
Figure 1: Brazil Advanced Driving Assistance Systems Market Revenues, 2021-2028F (INR Crores) |
Figure 2: Brazil Advanced Driving Assistance Systems Market Revenue Share, By Product Types, 2021 & 2028F |
Figure 3: Brazil Advanced Driving Assistance Systems Market Revenue Share, By Sensor Types, 2021 & 2028F |
Figure 4: Brazil Advanced Driving Assistance Systems Market Revenue Share, By Vehicle Types, 2021 & 2028F |
Figure 5: Brazil Advanced Driving Assistance Systems Market Revenue Share, By Regions, 2021 & 2028F |
Figure 6: ABS and Electronic brakeforce distribution market penetration in Brazil, (units) |
Figure 7: Traction control system market penetration in Brazil, (Units) |
Figure 8: Electronic stability program market penetration in Brazil, (USD units) |
Figure 9: Number of road accidents in Brazil, 2016-2020 |
Figure 10: Number of deaths per 100 road accidents in Brazil |
Figure 11: Number of deaths in road accidents in Brazil |
Figure 12: Highway Construction in Brazil (Kilometers) |
Figure 13: Investment outlay for roads under union budget ($ billion) |
Figure 14: Auto Services Market in Brazil, 2019-2026F, (USD billion) |
Figure 15: Brazil automobile market growth, 2019-2026F (USD, Billion) |
Figure 16: Brazil passenger cars penetration, 2019-2026F (per 1000 people) |
Figure 17: Brazil Advanced Driving Assistance SystemsΒ Market Opportunity Assessment, By Product types, 2028F |
Figure 18: Brazil Advanced Driving Assistance Systems Market Opportunity Assessment, By Sensor types, 2028F |
Figure 19: Brazil Advanced Driving Assistance Systems Market Opportunity Assessment, By Regions, 2028F |
Figure 20: Brazil Advanced driving assistance systems market revenue rankings, By Company |
List of Tables |
Table 1: Autonomous vehicle readiness Index, 2020 |
Table 2: Brazil Advanced Driving Assistance Systems Market Revenues, By Product Types, 2021-2028F (INR Crores) |
Table 3: Brazil Advanced Driving Assistance Systems Market Revenues, By Sensor Types, 2021-2028F (INR Crores) |
Table 4: Brazil Advanced Driving Assistance Systems Market Revenues, By Vehicle Types, 2021-2028F (INR Crores) |
Table 5: Brazil Advanced Driving Assistance Systems Market Revenues, By Regions, 2021-2028F (INR Crores) |